Top States for Business

45. Mississippi

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Mississippi Score and Ranking

CATEGORY 2025 SCORE 2025 RANK 2024 RANK 2025 GRADE
ECONOMY1304950F
INFRASTRUCTURE1554446D-
WORKFORCE1114949F
COST OF DOING BUSINESS207710A
BUSINESS FRIENDLINESS1193428C
QUALITY OF LIFE1472136C+
TECHNOLOGY & INNOVATION1004049F
EDUCATION582022B-
ACCESS TO CAPITAL174143F
COST OF LIVING381214B-
OVERALL10824549

Economic Profile

Governor: Tate Reeves, Republican

Population: 2,943,045

GDP growth (Q1 2025): 0.7%

Unemployment rate (May 2025): 4%

Top corporate tax rate: 5%

Top individual income tax rate: 4.4%

Gasoline tax: 36.80 cents/gallon

Bond rating (Moody's/S&P): Aa2, Stable/AA, Negative

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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